๐จ $BTC QUICK UPDATE ๐จ
Current price: $68816
Even after the previous sell off by the US Govt. BTC managed to pull back pretty quickly and is trying to break the resistance around $69300 area. TBH I was not expecting this and was expecting a drop around $62000-$63000 as mentioned in my previous post.
If BTC is able to break above the resistance and closes then we might see it around the targets mentioned below.
Important Areas:
๐ฏ $70000
๐ฏ $72400
๐ฏ $73700
If $BTC is rejected at this point and is looking weak at the time of writing. I see a wick rejection in 1H TF. But i will be looking for 4H candle close. If 4H candle rejected then the support will be:
Support
$67700
๐ Please DYOR before you open or close any trade
๐ Cryptocurrency is highly volatile.
๐ This is an educational post not a financial advice.
